Jefferson Journal: Governor’s Corporate Tax Cut Will Have Little Impact

Commentary By

Derrick A. Max

Derrick Max is Vice President of Policy at the Jefferson Forum and may be reached at dmax@jeffersonforum.org

Derrick A. Max

Derrick Max is Vice President of Policy at the Jefferson Forum and may be reached at dmax@jeffersonforum.org

Todd Hester

An ordained Presbyterian minister with over twenty years of service to the church. Originally from Travelers Rest, South Carolina, he received a BA in English from Furman University and an MDiv from Beeson Divinity School. He is formerly President and Founder of the Yorktown Foundation.

Commentary By

Mike Thompson

Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6 perent to 5.75 percent). This puny tax cut will have a minimal impact on economic growth. Indeed, it will only create 280 new jobs in five years.

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